Ian Manufacturing - Financial Analysis

Table of Contents Financial Statements2 equationt A3 section B7 Part C8 Financial Statements Ian Manufacturing social club was organized quintuplet age ago and manufactures toys.

The most modern three line of businesss balance stand sheets and income statements are reproduced below: Ian Manufacturing Company counterpoise sheets June 30, course of instruction 5, grade 4 and year 3 course of study 5 social class 4Year 3 Assets Cash$12,000 $15,000 $16,000 Accounts due net183,00080,00060,000 origin142,00097,00052,000 Other ongoing assets5,0006,0004,000 found and Equipment, net160,000110,00070,000 Total asset$502,000 $308,000 $202,000 Liabilities and impartiality$147,800 $50,400 $22,000 Accounts due30,00014,40028,000 Federal income tax payable120,00073,00022,400 common land stock,$5 Par value110,000110,00080,000 bear earning94,20060,20049,600 Total Liabilities and Equity$502,000 $308,000 $202,000 IAN Manufacturing Company Condensed Income Statement For age terminate June 30, Year 5, Year 4, Year 4 Year 5Year 4Year 3 entanglement sales $1,684,000 $1,250,000 1,050,000 Cost of Goods interchange(927,000)(810,000)(512,000) earn profit757,000440,000538,000 Marketing and administrative costs(670,000)(396,700)(467,760) make Income87,000433,00070,240 Interest Cost(12,000)(7,300)(2,240) Income before Income Tax75,00036,00068,000 Income Tax(30,000)(14,400)(28,000) web Income45,00021,60040,000 IAN Manufacturing Company Statement of retained Earnings For the year ended June 30, Year 5 and Year 4 Year 5Year 4 Balance, origin ceremony60,20049,600 Add: Net Income45,00021,600 Subtotal105,20071,200 set out : Dividends Paid11,00011,000 Balance, Ending94,20060,200 Part A Compute the adjacent measures for both years 4 and 5 1. working(a) capital 2.Current ratio 3.Acid-test ratio 4.Accounts receivable turn over 5.Collection bound of receivables 6.Inventory turn over 7.Days to sell...If you want to sterilise a all-inclusive essay, regulate it on our website: Orderessay

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